We should see some move from ICX/BTC pair.
Bitcoin nearly finished that H&S so all alts will have a breather. ICX have few goods news coming. Pretty much good view on future for icon
Good luck guys. Follow me on twitter and here.
Thumbs up if you think we will some green.
Leaving a lot to be desired. Personally I wouldn't enter here until ICON gives me a reason to; aka breaking above the POC (yellow) on a daily close. I want it to show me strength before I throw myself at it.
My plan for the upcoming alt cycle, starting with Icon ( ICX ). Well known for its solid fundamentals, high chances this project will be among the high gainers if/when the next altcoin cycle starts.
Currently, we're able to draw a high timeframe falling wedge, and after almost a 98% drawdown a relatively cheap project to pick up.
Aiming for an entry...
Lead by the Seoul-based ICONLOOP (formerly theloop), ICON (ICX) aspires to build a decentralized network that allows different blockchains to transact with one another. The project's goal is to unify the balkanized blockchain ecosystem through its protocol and community-building initiatives. Potential use cases for ICX include transactions involving securities,...
ICX is making fibonacci and elliot wave love. You can see that in it's past mini wave cycle and its current continuation.
Patience pays off. Waiting for further downside, possibility It can be front ran so scale in or just start buying first sign of hourly uptrend (safe trading)
I'll be updating a day trading thread of ICX with minor moves on my twitter. I can...
ICX trading in a falling wedge
ICX is forming bullish divergence with RSI
ICX seems to broke out of TrendLine (white)
RSI is rising
SBS indicator signaled BUY
BUY - near BUY Zone (As low as possible)
Targets are on the chart
SL - Below last support or -5% of buy-in
ICX is one of many alts that are currently printing new all time lows, entering into price discovery. $VET $MFT $SC $KEY are some other examples that are also printing all time lows. I wouldn't necessarily sell here, but you should be very careful when buying alts right now. There are some exceptions such as $GRIN $BEAM that are looking very strong at the moment...
I will be the first to admit the recent bullish gains over the market have been surprising. If this trend continues then I predict that soon ICX will receive a massive bull run of it's own. The ICXBTC trading pair is at new ATL's, which is risky but also very rewarding if my prediction is true. Do your own research on this Korean project and you will see that they...